Modi invites Omani businesses to invest in India

On Feb 12, 2018

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Muscat, Feb 12 (IANS) Indian Prime Minister Narendra Modi on Monday invited Omani businesses to invest in the country as he showcased the government’s initiatives to further ease doing of business in the “New India”.

Addressing around 50 Omani chief executives at the Oman-India Business Meet here, Modi said that the reforms were aimed at preparing India for the 21st century and make it a global manufacturing hub.

He said India was ushering in a knowledge-based technologically driven society which presents many opportunities for Omani businesses.

“Four countries in four-days strengthening our footprint in Gulf and West Asia! PM @narendramodi begins Day 4 with business – Oman-India Business Meet in Muscat. Pitching India as an attractive destination,” Indian External Affairs Ministry spokesperson Raveesh Kumar tweeted.

Listing some of the major reforms by the government in the last over three years, Modi noted that India had climbed to the third position in the global Start-up Index.

On Sunday during his meeting with Sultan of Oman Qaboos Bin Said Al Said, Modi voiced his appreciation of the Indian expatriates for their contributions to Oman’s development.